Flat 2406, Hobart Building 2
Flat 2406, Hobart Building 2
Description & Estimates
Flat 2406, Hobart Building 2 is recorded publicly as a modern leasehold apartment across 861 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 2406, Hobart Building 2 is £866,337 and its rental estimate is £3,927 per month, given the available information and assuming reasonable condition.
Hobart Building, Wards Place is a residential building on Wards Place, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 2406, Hobart Building 2 has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2406, Hobart Building 2, we estimate a market value of £909,654 and a rental value of £4,124 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £805,693 and £3,652 per month respectively.
Recent Market Change
Over the last year, Flat 2406, Hobart Building 2 has seen its estimated sale value move down by £34,734 (4.0%) and its estimated rental value increase by £174 per month (4.4%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 2406, Hobart Building 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 2406, Hobart Building 2 completed on 30th October 2020 at £1,100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 41.4% over the period since October 2020.
- Sold Oct 2020£1,100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2406, Hobart Building 2 have sold within a radius of 150 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th July 2025, was Flat 3806, Hobart Building 2, Wards Place, London, E14 9TZ, a leasehold flat which sold for £1,005,000.
Read more about house prices in E14.
- Sold Jul 2025£1,005,000 | 2 Bed FlatFlat 3806, Hobart Building 2, Wards Place, London, E14 9TZFlat 3806, Hobart Building 2, Wards Place, London, E14 9TZ
- Sold Jun 2025£990,000 | 2 Bed FlatFlat 2807, Hobart Building 2, Wards Place, London, E14 9XJFlat 2807, Hobart Building 2, Wards Place, London, E14 9XJ
- Sold Dec 2024£1,024,980 | 2 Bed FlatFlat 4106, Hobart Building 2, Wards Place, London, E14 9TZFlat 4106, Hobart Building 2, Wards Place, London, E14 9TZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 677 addresses on Wards Place, London, E14, Flat 2406, Hobart Building 2 comes out as the 195th largest and the 193rd most expensive in our analysis of the public data.
It is also £391k more expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 400mSeven Mills Primary School
- 700mArnhem Wharf Primary School
- 900mMulberry Wood Wharf Primary School
- 900mCanary Wharf College Crossharbour
- 1.4kmBacon's College
- 1.7kmLangdon Park Community School
More reading links
Public Transport Nearby
From Flat 2406, Hobart Building 2, the nearest station is Heron Quays, 200 metres away.
- 200mHeron Quays
- 400mCanary Wharf
- 500mSouth Quay
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
